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v3.19.2

Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue From Contract With Customer [Abstract] |
Disaggregation of Revenue from Contracts with Customers | The following tables represent a disaggregation of revenue from contracts with customers for the three and six months ended June 30, 2019 and 2018 by type of service and/or segment (dollars in thousands):
|  | Three Months Ended June 30, 2019 |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 3,385,452 |  |  | $ | — |  |  | $ | 3,385,452 |
Advisory leasing |  |  | 817,788 |  |  |  | — |  |  |  | — |  |  |  | 817,788 |
Advisory sales |  |  | 466,558 |  |  |  | — |  |  |  | — |  |  |  | 466,558 |
Property and advisory project management |  |  | 555,822 |  |  |  | — |  |  |  | — |  |  |  | 555,822 |
Valuation |  |  | 149,051 |  |  |  | — |  |  |  | — |  |  |  | 149,051 |
Commercial mortgage origination (1) |  |  | 32,111 |  |  |  | — |  |  |  | — |  |  |  | 32,111 |
Loan servicing (2) |  |  | 7,084 |  |  |  | — |  |  |  | — |  |  |  | 7,084 |
Investment management |  |  | — |  |  |  | — |  |  |  | 101,646 |  |  |  | 101,646 |
Development services |  |  | — |  |  |  | — |  |  |  | 48,017 |  |  |  | 48,017 |
Topic 606 Revenue |  |  | 2,028,414 |  |  |  | 3,385,452 |  |  |  | 149,663 |  |  |  | 5,563,529 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 107,888 |  |  |  | — |  |  |  | — |  |  |  | 107,888 |
Loan servicing (2) |  |  | 42,656 |  |  |  | — |  |  |  | — |  |  |  | 42,656 |
Total Out of Scope of Topic 606 Revenue |  |  | 150,544 |  |  |  | — |  |  |  | — |  |  |  | 150,544 |
Total revenue |  | $ | 2,178,958 |  |  | $ | 3,385,452 |  |  | $ | 149,663 |  |  | $ | 5,714,073 |
|  | Three Months Ended June 30, 2018 (3) |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 3,034,973 |  |  | $ | — |  |  | $ | 3,034,973 |
Advisory leasing |  |  | 687,386 |  |  |  | — |  |  |  | — |  |  |  | 687,386 |
Advisory sales |  |  | 457,376 |  |  |  | — |  |  |  | — |  |  |  | 457,376 |
Property and advisory project management |  |  | 502,201 |  |  |  | — |  |  |  | — |  |  |  | 502,201 |
Valuation |  |  | 147,397 |  |  |  | — |  |  |  | — |  |  |  | 147,397 |
Commercial mortgage origination (1) |  |  | 27,856 |  |  |  | — |  |  |  | — |  |  |  | 27,856 |
Loan servicing (2) |  |  | 5,516 |  |  |  | — |  |  |  | — |  |  |  | 5,516 |
Investment management |  |  | — |  |  |  | — |  |  |  | 98,947 |  |  |  | 98,947 |
Development services |  |  | — |  |  |  | — |  |  |  | 18,408 |  |  |  | 18,408 |
Topic 606 Revenue |  |  | 1,827,732 |  |  |  | 3,034,973 |  |  |  | 117,355 |  |  |  | 4,980,060 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 92,982 |  |  |  | — |  |  |  | — |  |  |  | 92,982 |
Loan servicing (2) |  |  | 38,392 |  |  |  | — |  |  |  | — |  |  |  | 38,392 |
Total Out of Scope of Topic 606 Revenue |  |  | 131,374 |  |  |  | — |  |  |  | — |  |  |  | 131,374 |
Total revenue |  | $ | 1,959,106 |  |  | $ | 3,034,973 |  |  | $ | 117,355 |  |  | $ | 5,111,434 |
(1) | We earn fees for arranging financing for borrowers with third-party lender contacts. Such fees are in scope of Topic 606.
(2) | Loan servicing fees earned from servicing contracts for which we do not hold mortgage servicing rights are in scope of Topic 606.
(3) | Our new organizational structure became effective on January 1, 2019. See Note 13 for additional information. Revenue classifications for 2018 have been restated to conform to the new structure.
|  | Six Months Ended June 30, 2019 |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 6,551,367 |  |  | $ | — |  |  | $ | 6,551,367 |
Advisory leasing |  |  | 1,440,428 |  |  |  | — |  |  |  | — |  |  |  | 1,440,428 |
Advisory sales |  |  | 852,213 |  |  |  | — |  |  |  | — |  |  |  | 852,213 |
Property and advisory project management |  |  | 1,076,706 |  |  |  | — |  |  |  | — |  |  |  | 1,076,706 |
Valuation |  |  | 287,377 |  |  |  | — |  |  |  | — |  |  |  | 287,377 |
Commercial mortgage origination (1) |  |  | 55,684 |  |  |  | — |  |  |  | — |  |  |  | 55,684 |
Loan servicing (2) |  |  | 14,070 |  |  |  | — |  |  |  | — |  |  |  | 14,070 |
Investment management |  |  | — |  |  |  | — |  |  |  | 207,954 |  |  |  | 207,954 |
Development services |  |  | — |  |  |  | — |  |  |  | 76,902 |  |  |  | 76,902 |
Topic 606 Revenue |  |  | 3,726,478 |  |  |  | 6,551,367 |  |  |  | 284,856 |  |  |  | 10,562,701 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 205,194 |  |  |  | — |  |  |  | — |  |  |  | 205,194 |
Loan servicing (2) |  |  | 81,688 |  |  |  | — |  |  |  | — |  |  |  | 81,688 |
Total Out of Scope of Topic 606 Revenue |  |  | 286,882 |  |  |  | — |  |  |  | — |  |  |  | 286,882 |
Total revenue |  | $ | 4,013,360 |  |  | $ | 6,551,367 |  |  | $ | 284,856 |  |  | $ | 10,849,583 |
|  | Six Months Ended June 30, 2018 (3) |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 5,862,476 |  |  | $ | — |  |  | $ | 5,862,476 |
Advisory leasing |  |  | 1,204,895 |  |  |  | — |  |  |  | — |  |  |  | 1,204,895 |
Advisory sales |  |  | 871,108 |  |  |  | — |  |  |  | — |  |  |  | 871,108 |
Property and advisory project management |  |  | 986,983 |  |  |  | — |  |  |  | — |  |  |  | 986,983 |
Valuation |  |  | 281,560 |  |  |  | — |  |  |  | — |  |  |  | 281,560 |
Commercial mortgage origination (1) |  |  | 52,138 |  |  |  | — |  |  |  | — |  |  |  | 52,138 |
Loan servicing (2) |  |  | 10,933 |  |  |  | — |  |  |  | — |  |  |  | 10,933 |
Investment management |  |  | — |  |  |  | — |  |  |  | 222,637 |  |  |  | 222,637 |
Development services |  |  | — |  |  |  | — |  |  |  | 41,733 |  |  |  | 41,733 |
Topic 606 Revenue |  |  | 3,407,617 |  |  |  | 5,862,476 |  |  |  | 264,370 |  |  |  | 9,534,463 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 176,134 |  |  |  | — |  |  |  | — |  |  |  | 176,134 |
Loan servicing (2) |  |  | 74,789 |  |  |  | — |  |  |  | — |  |  |  | 74,789 |
Total Out of Scope of Topic 606 Revenue |  |  | 250,923 |  |  |  | — |  |  |  | — |  |  |  | 250,923 |
Total revenue |  | $ | 3,658,540 |  |  | $ | 5,862,476 |  |  | $ | 264,370 |  |  | $ | 9,785,386 |
(1) | We earn fees for arranging financing for borrowers with third-party lender contacts. Such fees are in scope of Topic 606.
(2) | Loan servicing fees earned from servicing contracts for which we do not hold mortgage servicing rights are in scope of Topic 606.
(3) | Our new organizational structure became effective on January 1, 2019. See Note 13 for additional information. Revenue classifications for 2018 have been restated to conform to the new structure.

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